Linde Bangladesh posted a sharp fall in quarterly profit as the industrial gas supplier's earnings were hit by the absence of the one-time income booked a year earlier.

Its net profit for the July-September period dropped 98 percent year-on-year to Tk 9.85 crore, according to its financial statements.

Basic and diluted earnings per share stood at Tk 6.48, compared with Tk 400.01 in the same quarter of 2024.

Linde said last year's unusually high earnings reflected a one-off gain from the sale of the welding electrodes unit, operated by the subsidiary Linde Industries Pvt Ltd, to the US-based ESAB Group in May 2024.

Despite the earnings slump, its revenue rose 9 percent year-on-year to Tk 58.80 crore in the July-September quarter.

For the first nine months of 2025, Linde's net operating cash flow per share fell to Tk 8.25 from Tk 12.97 a year earlier, mainly due to the settlement of liabilities.

Its net asset value per share also declined, as higher dividend payouts offset the profit earned during the period.

As of June 30, sponsor-directors held 60 percent of the company's shares, while institutional investors owned 22.2 percent. Public shareholders accounted for 17.3 percent and foreign investors 0.5 percent, according to the Dhaka Stock Exchange data.

Linde Bangladesh, a subsidiary of Ireland-based Linde PLC, has operated in the country for more than seven decades. Its products serve a wide range of industries, from healthcare to manufacturing, and the company remains a key player in the domestic industrial gas market.